POSSIBLE SCENARIO A
#1 A 10% decline in gold from the recent peak. (completed)
#2 Consolidation around all-time high level - between $1921 to $1950 for 2 to 4 weeks.
#3 Then a 20% to 25% move from all time high level (now support?) to $2300
#4 A significant re-test of the all-time high mid November to early December (could this coincide with deflation in the equities market?)
#5 Then resumption of up-trend early 2021
POSSIBLE SCENARIO B
#1 A 10% decline in gold from the recent peak. (completed)
#2 Consolidation around all-time high level - between $1921 to $1950 for 2 to 4 weeks.
#3 Then a 10% decline to the April to June support zone around $1670
#4 Longer-term consolidation at this level
#1 A 10% decline in gold from the recent peak. (completed)
#2 Consolidation around all-time high level - between $1921 to $1950 for 2 to 4 weeks.
#3 Then a 20% to 25% move from all time high level (now support?) to $2300
#4 A significant re-test of the all-time high mid November to early December (could this coincide with deflation in the equities market?)
#5 Then resumption of up-trend early 2021
POSSIBLE SCENARIO B
#1 A 10% decline in gold from the recent peak. (completed)
#2 Consolidation around all-time high level - between $1921 to $1950 for 2 to 4 weeks.
#3 Then a 10% decline to the April to June support zone around $1670
#4 Longer-term consolidation at this level
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.